Cathie Wood's flagship fund cashed out of Coinbase shares worth $25 million as the stock rose after bitcoin topped $57,000

cryptocurrency 1 week ago
Cathie Wood's Ark Invest reduced its Coinbase holdings on Monday for the first time, selling as the stock rose in the wake of a rally in bitcoin to a five-month high. The crypto exchange's stock gained nearly 6% to reach $262.91 per share in intraday trading Monday, but closed 3.3% higher at $256.50 …
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